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BP BP reported its Q3 earnings results on Tuesday, November 1, 2022 at 03:00 AM.
Here’s what investors need to know about the announcement.
Earnings
BP beat estimated earnings by 25.12%, reporting an EPS of $2.59 versus an estimate of $2.07.
Revenue was up $18.84 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.51 which was followed by a 1.12% increase in the share price the next day.
Here’s a look at BP’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.10 | 1.33 | 1.17 | 0.92 |
| EPS Actual | 2.61 | 1.92 | 1.23 | 0.99 |
| Revenue Estimate | 58.73B | 57.71B | 46.67B | 38.95B |
| Revenue Actual | 67.87B | 49.26B | 50.55B | 36.17B |
To track all earnings releases for BP visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.